NSW first home buyers will have the choice of paying stamp duty or an annual land tax under a major reform by the Perrottet government designed to test a move away from transfer duties.
Dominic Perrottet has seized on his first budget as the state’s premier to pull the trigger on the potential legacy-making overhaul of property and housing taxes as he plots a course to a state election in March 2023.
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Samantha Hutchinson is the AFR's National Reporter. Most recently, she was CBD columnist for The Sydney Morning Herald and The Age. Before that, she covered Victorian and NSW politics and business for The Australian, the AFR and BRW Magazine. Connect with Samantha on Twitter. Email Samantha at samantha.hutchinson@afr.com.au